Posting Language
Title
Authorize negotiation and execution of an amendment to the agreement with Family Eldercare, Inc. for renovating the Pecan Gardens (formerly known as Candlewood Suites) located at 10811 Pecan Park Boulevard, Austin, Texas, to extend the term of the agreement to March 31, 2024, and provide for an additional extension of the term if needed.
De
Lead Department
Housing Department.
Fiscal Note
This item has no fiscal impact.
Prior Council Action:
May 19, 2022 - Council authorized negotiation and execution of a one-year contract with Family Eldercare, Inc. to fund renovations at the Candlewood Suites located at 10811 Pecan Park Boulevard, Austin, Texas 78750, a hotel conversion project to create permanent supportive housing, for a total contract amount not to exceed $3,903,216.13.
For More Information:
Rosie Truelove, Director, Housing Department, 512-974-3064; Mandy DeMayo, Deputy Director, Housing Department, 512-974-1091.
Additional Backup Information:
If approved, the Housing Department will be authorized to negotiate and execute an amendment to the agreement with Family Eldercare, Inc. (Family Eldercare) to renovate the Pecan Gardens (formerly known as Candlewood Suites) located at 10811 Pecan Park Boulevard, Austin, Texas 78750 to extend the term of the agreement to March 31, 2024, and to provide for an additional extension of the term if needed. On commencement of renovations, Family Eldercare discovered significant issues with the structure of the building, including mold, drainage, and fireproofing issues, which will require more time to complete the renovations.
Family Eldercare is overseeing the renovation of Candlewood Suites to convert it into a 78-unit permanent supportive housing project. The site design and renovation will be grounded in active design strategies for aging in place and with a focus on amenities that are responsive to the needs of a chronically homeless resident population. The renovation budget includes item...
Click here for full text